Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. The customer invoice, vendor bill, and check are three forms used in QuickBooks 2. In order to be printed in QuickBooks Accountant, a report

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
1. The customer invoice, vendor bill, and check are three forms used in QuickBooks 2. In order to be printed in QuickBooks Accountant, a report must first be created using the 3. Registers are used in QuickBooks Accountant to summarize all financial activity for Accountant. Reports menu, and then printed with the Print button on the Button bar. specific balance sheet accounts such as checking, accounts receivable, inventory, and accounts payable 4. A repository for all financial activity for a specific balance sheet account is an account. 5. Groups of names such as customers, vendors, employees, items, and accounts are called lists. 6. A financial statement reporting in detail the assets, liabilities, and equities of a business as of a certain date is Profit and Loss report. To create an income statement for a date other than the system date, you must either enter a new date in the From and To edit boxes in the Income Statement window or select an alternate time period in the Dates edit box. The three sections of the statement of cash flows are operating activities, investing activities, and depreciation activities. The Accounts Payable Aging report provides information on each customer's account balance, such as if balances are current or past due, if they are past due how old they are, and total balances receivable from all customers by date. e 10 Two examples of transactions appearing in an Accounts Payable Aging QuickZoom report would be bills and checks. #) 11. Preferences provide a way for turning certain features on or off, changing the look of the QuickBooks Accountant desktop, and customizing how QuickBooks Accountant performs. For Wild Water Sports, service items would be things like changing engine oil and filter, engine tune ups, and 20-hour service checks, for example. Inventory part items would include boats, accessories, and parts for repairs. 1. The customer invoice, vendor bill, and check are three forms used in QuickBooks 2. In order to be printed in QuickBooks Accountant, a report must first be created using the 3. Registers are used in QuickBooks Accountant to summarize all financial activity for Accountant. Reports menu, and then printed with the Print button on the Button bar. specific balance sheet accounts such as checking, accounts receivable, inventory, and accounts payable 4. A repository for all financial activity for a specific balance sheet account is an account. 5. Groups of names such as customers, vendors, employees, items, and accounts are called lists. 6. A financial statement reporting in detail the assets, liabilities, and equities of a business as of a certain date is Profit and Loss report. To create an income statement for a date other than the system date, you must either enter a new date in the From and To edit boxes in the Income Statement window or select an alternate time period in the Dates edit box. The three sections of the statement of cash flows are operating activities, investing activities, and depreciation activities. The Accounts Payable Aging report provides information on each customer's account balance, such as if balances are current or past due, if they are past due how old they are, and total balances receivable from all customers by date. e 10 Two examples of transactions appearing in an Accounts Payable Aging QuickZoom report would be bills and checks. #) 11. Preferences provide a way for turning certain features on or off, changing the look of the QuickBooks Accountant desktop, and customizing how QuickBooks Accountant performs. For Wild Water Sports, service items would be things like changing engine oil and filter, engine tune ups, and 20-hour service checks, for example. Inventory part items would include boats, accessories, and parts for repairs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Beginning Databases With PostgreSQL From Novice To Professional

Authors: Richard Stones, Neil Matthew

2nd Edition

1590594789, 978-1590594780

More Books

Students also viewed these Databases questions

Question

How do Excel Pivot Tables handle data from non OLAP databases?

Answered: 1 week ago